Bank of America 2011 Annual Report Download - page 141

Bank of America 2011 139
Table XVII Quarterly Reconciliations to GAAP Financial Measures (1)
(Dollars in millions, except per share information)
Reconciliation of net interest income to net interest income on a fully
taxable-equivalent basis
Net interest income
Fully taxable-equivalent adjustment
Net interest income on a fully taxable-equivalent basis
Reconciliation of total revenue, net of interest expense to total revenue,
net of interest expense on a fully taxable-equivalent basis
Total revenue, net of interest expense
Fully taxable-equivalent adjustment
Total revenue, net of interest expense on a fully taxable-equivalent
basis
Reconciliation of total noninterest expense to total noninterest expense,
excluding goodwill impairment charges
Total noninterest expense
Goodwill impairment charges
Total noninterest expense, excluding goodwill impairment charges
Reconciliation of income tax expense (benefit) to income tax expense
(benefit) on a fully taxable-equivalent basis
Income tax expense (benefit)
Fully taxable-equivalent adjustment
Income tax expense (benefit) on a fully taxable-equivalent basis
Reconciliation of net income (loss) to net income (loss), excluding
goodwill impairment charges
Net income (loss)
Goodwill impairment charges
Net income (loss), excluding goodwill impairment charges
Reconciliation of net income (loss) applicable to common shareholders to
net income (loss) applicable to common shareholders, excluding
goodwill impairment charges
Net income (loss) applicable to common shareholders
Goodwill impairment charges
Net income (loss) applicable to common shareholders, excluding
goodwill impairment charges
Reconciliation of average common shareholders’ equity to average
tangible common shareholders’ equity
Common shareholders’ equity
Common Equivalent Securities
Goodwill
Intangible assets (excluding MSRs)
Related deferred tax liabilities
Tangible common shareholders’ equity
2011 Quarters
Fourth
$ 10,701
258
$ 10,959
$ 24,888
258
$ 25,146
$ 19,522
(581)
$ 18,941
$ 441
258
$ 699
$ 1,991
581
$ 2,572
$ 1,584
581
$ 2,165
$ 209,324
—
(70,647)
(8,566)
2,775
$ 132,886
Third
$ 10,490
249
$ 10,739
$ 28,453
249
$ 28,702
$ 17,613
—
$ 17,613
$ 1,201
249
$ 1,450
$ 6,232
—
$ 6,232
$ 5,889
—
$ 5,889
$ 204,928
—
(71,070)
(9,005)
2,852
$127,705
Second
$ 11,246
247
$ 11,493
$ 13,236
247
$ 13,483
$ 22,856
(2,603)
$ 20,253
$ (4,049)
247
$ (3,802)
$ (8,826)
2,603
$ (6,223)
$ (9,127)
2,603
$ (6,524)
$ 218,505
—
(73,748)
(9,394)
2,932
$ 138,295
First
$ 12,179
218
$ 12,397
$ 26,877
218
$ 27,095
$ 20,283
—
$ 20,283
$ 731
218
$ 949
$ 2,049
—
$ 2,049
$ 1,739
—
$ 1,739
$ 214,206
—
(73,922)
(9,769)
3,035
$ 133,550
2010 Quarters
Fourth
$ 12,439
270
$ 12,709
$ 22,398
270
$ 22,668
$ 20,864
(2,000)
$ 18,864
$ (2,351)
270
$ (2,081)
$ (1,244)
2,000
$ 756
$ (1,565)
2,000
$ 435
$ 218,728
—
(75,584)
(10,211)
3,121
$ 136,054
Third
$12,435
282
$12,717
$26,700
282
$26,982
$27,216
(10,400)
$16,816
$ 1,387
282
$ 1,669
$ (7,299)
10,400
$ 3,101
$ (7,647)
10,400
$ 2,753
$ 215,911
—
(82,484)
(10,629)
3,214
$ 126,012
Second
$12,900
297
$13,197
$29,153
297
$29,450
$17,253
—
$17,253
$672
297
$969
$ 3,123
—
$ 3,123
$ 2,783
—
$ 2,783
$ 215,468
—
(86,099)
(11,216)
3,395
$ 121,548
First
$13,749
321
$14,070
$31,969
321
$32,290
$17,775
—
$17,775
$1,207
321
$1,528
$3,182
—
$3,182
$2,834
—
$2,834
$200,380
11,760
(86,334)
(11,906)
3,497
$117,397
(1) Presents reconciliations of non-GAAP financial measures to GAAP financial measures. We believe the use of these non-GAAP financial measures provides additional clarity in assessing the results
of the Corporation. Other companies may define or calculate non-GAAP financial measures differently. For more information on non-GAAP financial measures and ratios we use in assessing the results
of the Corporation, see Supplemental Financial Data on page 32.